Katie Kihorany Jansen - Mar 8, 2024 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Mar 8, 2024
Transactions value $
-$809,268
Form type
4
Date filed
3/12/2024, 04:24 PM
Previous filing
Feb 22, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale -$439K -6.92K -0.54% $63.42 1.27M Mar 8, 2024 Direct F1, F2, F3
transaction APP Class A Common Stock Sale -$201K -3.13K -0.25% $64.22 1.27M Mar 8, 2024 Direct F1, F3, F4
transaction APP Class A Common Stock Sale -$169K -2.6K -0.21% $65.15 1.26M Mar 8, 2024 Direct F1, F3, F5
holding APP Class A Common Stock 6.09K Mar 8, 2024 See footnote F6
holding APP Class A Common Stock 74K Mar 8, 2024 See footnote F7
holding APP Class A Common Stock 74K Mar 8, 2024 See footnote F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2023.
F2 The sales were executed in multiple trades at prices ranging from $62.81 to $63.79. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price
F3 Certain of these securities are represented by RSUs.
F4 The sales were executed in multiple trades at prices ranging from $63.81 to $64.76. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price
F5 The sales were executed in multiple trades at prices ranging from $64.82 to $65.64. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price
F6 Shares are held by held by The Jansen Family Trust, for which the Reporting Person serves as trustee.
F7 Shares are held by Cha Cha LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F8 Shares are held by Mega Air LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.